U.S. markets open in 41 minutes
  • S&P Futures

    3,931.50
    -13.50 (-0.34%)
     
  • Dow Futures

    33,581.00
    -52.00 (-0.15%)
     
  • Nasdaq Futures

    11,494.00
    -72.00 (-0.62%)
     
  • Russell 2000 Futures

    1,812.10
    -2.00 (-0.11%)
     
  • Crude Oil

    74.94
    +0.69 (+0.93%)
     
  • Gold

    1,790.20
    +7.80 (+0.44%)
     
  • Silver

    22.63
    +0.30 (+1.32%)
     
  • EUR/USD

    1.0534
    +0.0065 (+0.62%)
     
  • 10-Yr Bond

    3.5200
    +0.0070 (+0.20%)
     
  • Vix

    22.75
    +2.00 (+9.64%)
     
  • GBP/USD

    1.2199
    +0.0066 (+0.54%)
     
  • USD/JPY

    136.8190
    -0.1410 (-0.10%)
     
  • BTC-USD

    16,856.69
    -165.09 (-0.97%)
     
  • CMC Crypto 200

    395.61
    -6.19 (-1.54%)
     
  • FTSE 100

    7,531.95
    +10.56 (+0.14%)
     
  • Nikkei 225

    27,686.40
    -199.47 (-0.72%)
     

Why Snap Stock Is Handily Beating the Market This Week

Why Snap Stock Is Handily Beating the Market This Week

As of noon on Friday, Snap stock is up 10% this week, according to data provided by S&P Global Market Intelligence, compared to the 2% positive return for the S&P 500. Analysts Thomas Champion and Doug Anmuth, of Piper Sandler and J.P. Morgan, respectively, are both encouraged by what they're seeing in the digital ad market, based on commentary they made early this week. Snap's ad rates have fallen as the U.S. economy has struggled.